-was holding huge position-3000 shares with avg. $9.153 risking $9.375 over/under.
-due to holiday week the liquidity just wasn't there so it was moving super slow.
-didn't cover at the bottom, gave it a chance but started gearing towards VWAP so took it off.
-The mentality was the key when shorting. Among the losses on AVXL, FXCM, RWLK I've finally realized the losses was created due to I was NOT mentally prepared for the pnl reversal. I wasn't ready for the pnl to turn from big green number to big red number so I was frozen when it happened. In RWLK's case I started feeling uncomfirtable and knew that I should get out and patiently wait for the bailout pullback but didn't get it and ended up emotionally covering at the top.
-Starting today, always expect the worst even if green. Profit is not in your pocket if not yet locked in. Stick to the plan, respect the stop loss level. I know it's frustrated to turn a green trade into red trade but frustration and loss are part of the game!
-again ALWAYS ALWAYS ALWAYS mentally prepared!!!!!!
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